Author: NBTC

In a significant advancement, Taiko ($TAIKO) has introduced SP1, the fastest zero-knowledge virtual machine (zkVM). For now, SP1 will only be available to developers in early stages. With this cutting-edge advancement, Taiko is proving and establishing itself as one of the most innovative Layer 2 scaling solutions on the Ethereum network. Further, it pushes the boundaries of speed, efficiency, and security. Taiko shared this groundbreaking news through its social media account, X. 1/ @taikoxyz is now proving its mainnet blocks with SP1—the fastest, most feature-complete zkVM for developers.Taiko is one of the first L2s with a multi-proof architecture, leveraging 2…

Following the recent recovery that saw Bitcoin surpass $71,000 this morning, market veteran Peter Brandt has called attention to three bullish BTC targets. For context, Bitcoin has compounded its growth, having reached a 4-month high of $71,500 earlier this morning. The breach of the $71,000 mark comes on the back of three consecutive intraday gains since October 26. BTC is looking to secure a fourth one today. The premier crypto asset’s rally has triggered a renewal of optimism within the market, especially considering the approaching U.S. presidential election and a surge in market confidence demonstrated by whale addresses. Notably, amid…

Leon Waidmann, a senior researcher at OnchainHQ, believes Ethereum is on the verge of a rally. The analysts cite strong fundamentals, such as Ethereum’s current deflationary mechanism to support the imminent ETH upsurge. As the broader crypto ecosystem continues to rise amid the reigning bullish investor sentiment, Ethereum has caught the eye of Leon Waidmann, a senior researcher at OnchainHQ. According to Waidmann, Ethereum is about to begin a rally as the bull market continues to gain momentum. Waidman believes ETH is back to deflationary territory and suggests that more Ether supply has been burned than the supply issue. The…

The CEO of Apple, Tim Cook, told DealBook’s Sorkin that he had been holding Bitcoin for about three years. The CEO, however, explained that his interest and research in Bitcoin was personal and that Apple had no plans to join the crypto bandwagon in the near future. The Apple executive said it was ‘reasonable’ to own Bitcoin as part of a diversified portfolio. However, he clarified that he was not giving investment advice, only sharing personal sentiments. According to Binance, Bitcoin almost touched the 82K mark after recording a high of $81,846.71. Tim Cook thinks Bitcoin is ‘interesting,’ but Apple…

Shytoshi Kusama, the pseudonymous Shiba Inu (SHIB) developer, appears determined to grow the ecosystem. Six days after his initial request, Kusama has once again reached out to Vitalik Buterin, cofounder of Ethereum. The SHIB developer is seeking an audience with Buterin. Kusama’s persistence to secure discussion with Buterin In a recent post on X, Kusama replied to Buterin’s message directing the Ethereum ecosystem to a “thread” written out of his plans for the future. The SHIB developer saw it as an avenue to remind Buterin of his earlier request for a meeting. “Wen (When) 10 minutes discussion?” Kusama asked. For…

Cardano, known for its innovation, has announced a new project to create a Whitepaper Template for the European Union’s Markets in Crypto Assets (MiCA) regulation. According to a blog post, the Cardano Foundation aims to help projects in its ecosystem follow the new MiCA rules. They are working with legal firms LAWSIDE and STADLER VOELKEL to achieve this. The aim is to create a useful resource that makes it easier for projects to meet MiCA’s disclosure requirements. – Advertisement – Understanding MiCA and the Need for Crypto Projects to Align The MiCA regulation, introduced by the European Union in 2023,…

In a pioneering venture to reshape blockchain wallets and crypto infrastructure, HERE Wallet and HAPI have officially launched HOT Labs. Building on over a year of collaboration, the two companies are merging their expertise to create innovative wallet solutions within Telegram, while constructing a powerful crypto infrastructure.— With HERE’s focus on wallet development and HAPI’s work in ecosystem expansion and security, the partnership has resulted in HOT Wallet—a cutting-edge crypto wallet with over 30 million users.A New Vision for Crypto UsabilityHOT Labs represents a fusion of HERE’s user-centric wallet technology and HAPI’s secure, decentralized services. Together, they aim to make…

Arthur Hayes, the brain behind BitMEX and Maelstrom, thinks China’s plans for economic stimulation and “quantitative easing” (QE) will work wonders for Bitcoin. Hayes sees China pushing the yuan back into circulation while creating a new lifeline for Bitcoin. The government, led by Xi Jinping, recently clamped down on property developers and cut off reckless borrowing through policies like the “Three Red Lines.” But now, as China faces its worst economic downturn in years, Hayes thinks they’ll resort to QE, pumping cash into the economy to support growth. He calls it “monetary chemotherapy.” The property bubble hits the fan China’s…

In a bold expression of massive-stakes cryptocurrency trading, a trader has recently experienced an enormous liquidation. However, as Lookonchain disclosed, Despite losing 946.6 $ETH (nearly $3.08M) after a sudden dip in Ethereum’s price, the anonymous trader has kept borrowing $USDT. The on-chain analytics platform took to its official social media account on X to share this incident. What a reckless gambler!After the price of $ETH dropped, this trader was liquidated for 946.6 $ETH($3.08M)!However, he didn’t rush to repay the debt and continued borrowing $USDT from #Aave to buy more $ETH.His health rate was 1.04.https://t.co/9sa4EA3WTh pic.twitter.com/R2SkfNgkZo — Lookonchain (@lookonchain) November 12,…

99% of Turkish investors are familiar with digital assets, a spectacular rise from 16% in 2020, a new survey by a local exchange has found. The survey by Paribu exchange revealed that digital assets have now become the third-most favored investment in Turkey, toppling real estate from last year’s survey. Investors are now nearly twice as likely to invest in digital assets as in stocks and mutual funds. The trend is consistent with other nations in Asia, where digital assets are replacing stocks and mutual funds, especially among younger investors. In Indonesia, digital asset investors hit 20 million this year,…